Five failed because they were moving this morning opposite the direction of the signal, and two failed because they had given bull signals on bearish or ambiguous charts.
I don't intend to do further analysis with an eye to trading any of the symbols on today's prospects list, which can be found in "Friday's Prospects".
-- Tim Bovee, Portland, Oregon, June 27, 2014
My shorter-term trading rules can be read here. My longer-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.License
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Based on a work at www.timbovee.com.